Luxembourg’s Banque Raiffeisen reported a net income of €31.1 million in 2025, up 11% from 2024, the company said in its annual results released on Wednesday.
Profits in 2024 had fallen by more than a third compared to 2023 when the retail bank registered a one-off restructuring gain, bringing net income to €43 million.
Banque Raiffeisen sees profits drop to €28 million in 2024
Over the course of 2025, Raiffeisen reports that deposits in its retail, corporate and institutional clients’ segment went up 3.7% to €10.7 billion. The increase was led by more customers overall, rather than more money being held by each one. Deposits of private banking clients soared by 15.8% to €2.3 billion.
Lending activity rose by 3.4% to €8.1 billion in 2025, which the bank credits to recovery of the housing market as more people applied for and were accepted for residential mortgages.
Raiffeisen recorded net banking income of €251.0 million in 2025, an increase of 2.1%, which included a 14.8% rise in commission income since 2024. Meanwhile, the bank’s operating costs rose by 9.1%, mainly due to higher staff costs and renewed IT systems.
Raiffeisen’s contribution to the Luxembourg Deposit Guarantee Fund was €4 million and its cost of risk remained unchanged at €18 million.
Raiffeisen emphasised its status as a cooperative bank and said it is committed to sustainability, long-term planning and local connections, adding that its regulatory capital, or financial buffer, increased by 9.4% to €915.6 million in 2025.
733 people were working for the bank at the end of 2025 and had undergone a combined 25,000 hours of training in 2025, Raiffeisen said.
